1. Short title
This Act may be cited as the “Stop Swaps, Protect Local Jobs Act”.
Stop Swaps, Protect Local Jobs Act
A BILL
To amend title 23, United States Code, to authorize States to implement an exchange program for certain Federal funds for subrecipients of highway funding, and for other purposes.
2. Project approval and oversight
Section 106(g) of title 23, United States Code, is amended by adding at the end the following:
“(6) Federal funding exchange programs—A State may implement a program under which a subrecipient has the option to exchange Federal funds allocated to such subrecipient in accordance with the requirements of this title for State or local funds if the State certifies to the Secretary that the State has prevailing wage and domestic content requirements that are comparable to the requirements under section 113 and 313 and that such requirements shall apply to projects carried out using such funds if such projects would have been subject to the requirements of sections 113 and 313 if such projects were carried out using Federal funds.”